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Significance of Goddess Lakshmi in Diwali Lakshmi is the Goddess of wealth and prosperity. The word ''Lakshmi'' is derived from the Sanskrit word Laksme, meaning "goal." She is also called "Shri", the female of the Supreme Being. She is worshipped for promotion, success and personal virtues. .Devi Lakshmi was emerged during the churning of the celestial milky ocean by the Gods and Demons. Lakshmi chose Vishnu as Her Consort. Vishnu carried Lakshmi from the ocean into His heaven. Each time Vishnu descends on earth as an avatar. He is accompanied by an avatar of Lakshm